Nearly doubling last year's performance figures, Credit Suisse First Boston has underwritten $25.6 billion in asset-backed securitizations for the first nine months of 1999, hitting the high mark for underwriters thus far, according to preliminary third-quarter findings from Securities Data Co.
CSFB has made a significant climb in rankings compared with the No. 5 standing the company held in third quarter 1998. "We have been increasing our efforts in issuance for quite a few years," said Eugene Xu, a researcher at CSFB. "And we have been rising steadily. Last year was very good, and this year was also very good."